Since the first "climate awareness bond" was issued in 2007, the green-bond market has flourished. But how can investors judge their risk and effectiveness?
Embracing sustainable finance will help Canada build a green economy — and ensure all Canadians will flourish.
There is no need for Canadians to play catch-up on sustainable finance. We can lead.
Global investors are already mobilizing capital to take advantage of investment opportunities in climate-smart infrastructure, emissions-reducing technology and updated electricity grids.
We need to equip Canada’s financial sector to steer us through a global economic transition on our own terms.
The coal-fired Plant Scherer, one of the top carbon dioxide emitters in the United States, stands in the distance in Juliette, Ga.
(AP Photo/Branden Camp)
In the age of climate change, investors have different ideas about financial risk. Green bonds take social, environmental and governance issues into consideration, and could help fight climate change.
COP 22 President Salaheddine Mezouar from Morocco, right, hands over a gavel to Fiji’s prime minister and president of COP 23 Frank Bainimarama, left, during the opening of the U.N. Climate Change Conference in Bonn, Germany, Monday, Nov. 6, 2017.
AP Photo/Martin Meissner
Although climate change threatens the world's small island nations, many can find ways to adapt and preserve their homes and cultures – especially if wealthy countries cut emissions and provide support.
Jordan Tan / shutterstock
Announcing green finance packages is one way of deflecting criticism for fossil fuel investments.
Windturbines and windfarms are one example of what green bonds can finance.
How to measure the real impact of green bonds? As France is issuing its first green bonds, the market in the global south could expand fast this year.
Projects to adapt to climate change have come a long way since the 1960s when piles of cars were used to fight beach erosion.
To pay for the increasing costs of climate change Australia should have green bonds that finance projects that help us adapt. However research shows there are barriers to financing these bonds.
Green bonds have been largely confined to transport and energy projects.
China Stringer Network/Reuters
Green bonds haven't yet reached critical mass, but that could soon change as big business gets on board.